Startup SG Tech Grant

Startup SG Tech Grant

Grant Agency: Spring

Official Site : https://www.spring.gov.sg/Nurturing-Startups/Pages/Startup-SG-Tech.aspx


Grant Description

Aim(s): 

  • To promote the development of technology and innovation sector by providing help in early stages of technological development by startups investing into clean technology, advanced manufacturing/robotics or precision engineering.

The grant amount will be capped based on the type of project the company proposes. Proof-Of-Concept Projects (POC) will receive a max grant of S$250,000 while Proof-Of-Value projects (POV) receive a max grant of S$500,000.


Qualifying Criteria

Criteria for Startup company:

  • Company registered in less than 5 years
  • Have at least 30% of local shareholding
  • Annual turnover is less than $100 million or have less than 200 employees in the company
  • Singapore based company with core activities carried out in Singapore

Criteria for Project:

  • Should demonstrate how technology is applied
  • Should be novel and groundbreaking
  • Should be commercially viable
  • Should either utilize or lead to proprietary know how
  • Should either be at conceptualization stage with scientific viability (POC) or be a project with a working scientific concept that is to be further developed (POV).

Application Guide

Step 1

Summary of proposed project as well as form for Registration of Interest to be completed and emailed to smeinfoline@spring.gov.sg.

Step 2

Successful applicants will receive an invitation to submit a formal application of your proposal. This includes a full business proposal together with a cost breakdown.

Step 3

Shortlisted applicants will be asked to present their proposals in a final evaluation which will be judged by industry experts.


End Date of Grant

Tentatively none.